Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 91 - 100 of 100+ results for "Westpac"
Industry digs deep amid bushfire crisis
ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... what has been a difficult and emotionally gruelling time, and we want our customers to know we are here to help," said Westpac general manager Jane Watts. "We encourage anyone who needs assistance or support to contact their local Westpac Bank Manager ...
ANZ overcharges 3.4 million customers
ALLY SELBY  |  THURSDAY, 19 DEC 2019
... was proactively reviewing its systems used to transfer money amid the controversy plaguing the banking sector thanks to Westpac's alleged money laundering breaches. "There has also been considerable shareholder interest in the role banks play in the ...
Westpac to pay $9.5m for Corps Act breaches
JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
Westpac has been ordered by the Federal Court of Australia to pay $9.15 million over poor financial advice provided by just one former adviser. The court case relates to poor financial advice provided by Sudhir Sinha which breached the best interest ...
What you read in 2019: Financial advice
JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... from readers and, as you can see below, it's been reflected in the stories we've seen resonate with them too. 1. Westpac mulls sale of in-house planners In February, Financial Standard exclusively revealed Westpac was considering the sale of ...
Westpac served class action
JAMIE WILLIAMSON  |  WEDNESDAY, 18 DEC 2019
Westpac has confirmed it was served with a class action on behalf of shareholders in relation to the AUSTRAC investigation. The class action has been filed by Phi Finney McDonald. The claim relates to market disclosure issues connected to Westpac's ...
APRA joins in on Westpac scrutiny
ELIZA BAVIN  |  TUESDAY, 17 DEC 2019
APRA has launched a formal investigation into Westpac for possible breaches of the Banking Act. The prudential regulator said the investigation will focus on the conduct that led to AUSTRAC launching its criminal charges against the bank over an alleged ...
Chief economist update: Has the Fed conquered the yield curve?
BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
... prospect of a resumption of hikes in interest rates by 2021 (as per the December dot plot). This isn't a good look for Westpac chief economist Bill Evans and his team. In their "Westpac Market Outlook December 2019 & January 2020" report released ...
Westpac directors slammed
ALLY SELBY  |  THURSDAY, 12 DEC 2019
Social enterprise Women on Boards has demanded that more heads roll, ahead of Westpac's AGM in Sydney today. Ruth Medd, who co-founded Women on Boards, made the remarks as a long-term shareholder in Westpac and experienced chair and non-executive director. ...
Thousands exit Westpac raise
HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
More than 3300 Westpac investors decided to exit the bank's recent share placement plan, taking close to $70 million with them. Westpac has smashed through its target of $500 million on its way to raising $770 million of investor capital, and the big ...
Culture index launched
ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
... on organisational culture was the major contributing factor to the types of failings witnessed at organisations like Westpac and AMP. "It's universally acknowledged that transparency is the greatest regulator. The notion of transparency pivots thinking ...
Link to something 9BluivjU